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2002 Formula 31 Performance Cruiser Sold Boat in Pompano Beach, FL 33073 US

$52,250

Used
We will let you know when another 2002 Formula 31 Performance Cruiser is available in Pompano Beach, FL
builtBuilt in 2002
Year the boat was built
model

31 Performance Cruiser

Boat model
engine

2 Engines (2x Mercury)

Engine type and count
length

31 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material

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The Image of 2002 Formula 31 PC boat docked, surrounded by palm trees and a vibrant sunset sky. - 02002 Formula 31 Performance Cruiser
Price$52,250$53,999$50,000$54,500$49,999$49,950
LocationPompano BeachPanama CityPunta GordaNaplesMelroseTampa
Nominal Length31'30'31'29'21'35'
Draft3'-----
Engine MakeMercuryMercruiserVolvoMerCruiser-Volvo Penta
Total Engine Power320 hp300 hp300 hp340 hp-375 hp
Days on Market35952238868195142
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Other 2002 Formula 31 Performance Cruiser For Sale in Florida, United States

Nominal Length
31ft
Length Overall
34ft
Beam
11ft
Max Bridge Clearance
10ft
Max Draft
3.42ft
Cabin Headroom
0.33ft
Dry Weight
11730lb
Cabins
1
Heads
1
Seating Capacity
8
Fresh Water Tanks
50gal
Fuel Tanks
180gal
Holding Tanks
40gal
Windlass
electric-windlass
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Mercury
Engine Model
6.2 MPI
Total Power
320hp
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2002
Drive Type
stern
Propeller Type
3-blade
Engine 2
Engine Make
Mercury
Engine Model
6.2 MPI
Total Power
320hp
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2002
Drive Type
stern
Propeller Type
3-blade
Electronics and Helm
  • Garmin 740s GPS
  • Standard Horizon VHF Radio
  • Jabsco Spotlight
  • Kenwood Radio Remote Controller
  • Kenwood Bluetooth Stereo
  • Bennett Trim Tabs
  • Kenwood 250 Watt Amps (2)
Electrical
  • Charles 5000 Series Battery Charger
  • Hot Water Heater
  • Kohler Generator 7 KW
Galley
  • 2-Burner Hot Plate
  • Magic Chef Microwave
  • Deep Stainless Steel Sink
  • Apex 20" TV
  • Refrigerator
Cockpit
  • Ice Maker (not Operational)
  • Aft Deck Shower
  • Aft Seating with Tables
  • Kenwood Speakers
  • Behind Seating Storage
Mechanical Disclaimer

Engine hours are as of the date of the original listing and are a representation of what the listing broker is told by the owner and/or actual reading of the engine hour meters.  The broker cannot guarantee the true hours.  It is the responsibility of the purchaser and/or his agent to verify engine hours, warranties implied or otherwise and major overhauls as well as all other representations noted on the listing brochure.

Disclaimer

The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.

Price History

DateEventPrice
1/19/26Price decreased$52,250(-2.3%)
11/27/25No change$54,500
11/17/25Price decreased$53,500(-1.8%)

Contact United Yacht Sales - Florida SE Coast

Palm Beach, Ft. Lauderdale and Miami, FL

Formula 31 Performance Cruiser: BoatTEST Review

Reviewed by Jeff Hammond

Overview

The Formula 31 PC is a thoughtfully designed cruiser that balances functionality with elegant styling. This model introduces an extended swim platform and an aft sun pad, enhancing the boat's usability for water sports and leisure activities. The design reflects Formula's commitment to contemporary American nautical aesthetics and practical layouts.

Exterior Design and Cockpit

The most notable exterior update is the extended swim platform, which significantly increases space for lounging and sunbathing. This platform features a built-in swim ladder and a heavy-duty stainless steel handrail, complemented by a smaller handrail with recessed lighting. The deck surface mimics teak in appearance but is soft underfoot and resistant to overheating. The aft sun pad includes a versatile backrest that locks into three positions, allowing it to function as an aft-facing seat, a chaise lounge, or additional forward-facing cockpit seating. The sun pad lifts on gas shocks to reveal storage compartments for fenders, cocktail tables, and filler cushions for the U-shaped cockpit seating. This seating is upholstered in Nautilex marine vinyl with storage beneath, and the cockpit can be outfitted with one or two removable cocktail tables. Additionally, the port side features a refrigerated drawer beneath a sink, ensuring beverages remain secure and chilled.

Interior Living Spaces

Inside the cabin, the Formula 31 PC offers an open and roomy salon with a refined, elegant design. The mid-cabin area is particularly notable for its spaciousness and tasteful styling, with open stairs to the topside that resemble sculptural artwork. On the starboard side, a comfortable sofa with dual tables can be lowered to create an extra berth, complemented by a 15-inch LCD flat screen TV. The galley, while compact, is well-equipped for preparing breakfasts, lunches, and light evening meals. The cabinetry demonstrates high-quality craftsmanship comparable to upscale household kitchens.

Private Accommodations and Head

The forward berth measures 5 feet 10 inches by 4 feet 5 inches and includes a cedar hanging locker with a full-length mirror on its side. The wet head is designed with functionality in mind, featuring a single basin sink and a privacy curtain that separates half of the head to keep the shower area dry. Towels can be hung on the inside of the head door but remain outside the shower curtain to stay dry.

Conclusion

The Formula 31 PC combines thoughtful design with practical features, offering enhanced exterior lounging space and a stylish, comfortable interior. Its well-executed layout and quality finishes make it a versatile boat suitable for both water sports and relaxed cruising.

Rating: 4.3 out of 5

Overview from around the web 2002 Formula 31 Performance Cruiser

Customers rave about the 2002 Formula 31 Performance Cruiser for its impressive blend of performance, comfort, and versatility

Many boaters appreciate its powerful twin engines, which offer exhilarating speeds while maintaining a smooth ride on the water. The spacious and well-designed interior is a standout feature, with a welcoming cabin that comfortably accommodates family and friends. Owners often highlight the practical layout, featuring a fully-equipped galley, a cozy dinette, and a generous v-berth, making it perfect for extended getaways. Additionally, the sleek exterior design and stylish finishes contribute to its eye-catching appeal. Users have noted the boat's stability and easy handling, making it suitable for both seasoned captains and those new to boating. From day cruising to overnight adventures, customers often express satisfaction with the 2002 Formula 31 Performance Cruiser's ability to blend leisure and thrill seamlessly, making it a cherished addition to their boating experiences.

The Biggest Pros and Cons

2002 Formula 31 Performance Cruiser: Pros and Cons

Pros

Performance: The Formula 31 is known for its impressive performance on the water, equipped with powerful engines that deliver quick acceleration and smooth handling, making it perfect for both leisure cruising and watersports.

Quality Build: Formula boats are recognized for their meticulous craftsmanship and high-quality materials. The 2002 model features a solid fiberglass hull and a well-designed interior, ensuring durability and longevity.

Comfortable Accommodations: The cabin offers a spacious layout with a well-appointed galley, comfortable sleeping quarters, and a full head. It’s designed for extended stays on the water, making it suitable for weekend getaways.

Versatile Deck Space: The exterior features ample deck space for entertaining, relaxing, or fishing. The layout includes a sun pad, seating areas, and a convenient swim platform, enhancing the boat's functionality.

Stylish Design: With its sleek lines and sporty profile, the Formula 31 has a reputation for aesthetics, appealing to those who appreciate a modern and stylish boat.

Cons

Fuel Consumption: The performance-oriented engines can lead to higher fuel consumption, especially during aggressive driving or high-speed cruising, which may impact running costs.

Limited Storage: While the interior is comfortable, storage space can be somewhat limited, which may require careful packing for longer trips or additional gear.

Maintenance Requirements: Like any performance vessel, the Formula 31 may require regular maintenance and inspections to keep it running at its best, which could be a consideration for some buyers.

Slip Size and Transport: Due to its length and beam, finding appropriate dockage or trailer options may be more challenging, depending on the region and local marina regulations.

Age Considerations: As a 2002 model, prospective buyers should consider age-related factors, including potential wear and tear, and the need for updates or refurbishments in electronics and interior finishes.

Made For

The 2002 Formula 31 Performance Cruiser is tailor-made for enthusiasts who crave the perfect blend of performance, comfort, and style on the water. Ideal for families and friends looking to enjoy weekend getaways or longer excursions, this versatile vessel caters to both leisure and thrill-seeking experiences. With its sleek design and powerful twin engines, the Formula 31 offers a thrilling ride for those who appreciate high-speed cruising and agile handling. The spacious cockpit and well-appointed interior make it suitable for entertaining, with ample seating for socializing or relaxing after a day of active exploration. Additionally, the boat features accommodations with sleeping quarters, a galley, and a head, making it a comfortable home away from home. Whether you're an experienced boater or new to the sea, the 2002 Formula 31 Performance Cruiser is designed to provide memorable adventures and unforgettable moments on the water.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Formula 31 Performance Cruiser. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Power Cruiser cost in today's market, or how much does a Formula cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
$
$
510152025
%
Principal Loan Amount$ 44,412
Total Payment$79,407.01
Monthly payment
$330.86/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Formula 31 Performance Cruiser. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Power Cruiser cost in today's market, or how much does a Formula cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
$
$
510152025
%
Principal Loan Amount$ 44,412
Total Payment$79,407.01
Monthly payment
$330.86/mo

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Address

Palm Beach, Ft. Lauderdale and Miami, FL

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